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What is a Tax Shelter? – Types, Benefits, and Potential Risks [2023]

Tax planning is an essential aspect of managing personal and business finances. Individuals and companies often employ a strategy to…

2 years ago

Income from Other Sources in India: Types, Deductions, and Tax Rates

In India, the Income Tax Act classifies various sources of income for tax purposes. Apart from salaries, business profits, and…

2 years ago

Penalties for Late Filing of ITR – [Detailed Guide]

Filing income tax returns (ITR) is a crucial obligation for every taxpayer. It not only ensures compliance with the tax…

2 years ago

Property Tax: Definition, Methods & How to File?

Local governments such as cities, counties, or municipalities assess property tax on real estate. It is typically based on the…

2 years ago

Freelancers Tax: How Freelancers Can File their Income Tax

Freelancer works for themselves and provides services to different clients on a project-by-project basis instead of being employed by a…

2 years ago

Income Tax Consultant in India

Income tax is crucial to a country’s taxation system. It is a direct tax levied by the government on the…

2 years ago

Best Short-Term Investment Plans for Income Tax Benefits

What is Income tax? The government levied income tax on the income earned by individuals, businesses, and other entities within…

2 years ago

Direct Tax Definition, Types, and Differences from Indirect Tax

Direct tax refers to a type of tax that is levied directly on individuals or entities based on their income,…

2 years ago

What is Capital Gains Tax? – Types and Computation

Capital gains tax is a tax levied on the profit made from the sale or transfer of certain types of…

2 years ago

GST Year-End Checklist 2023: 10 Tasks To Be Completed

As March approaches, the GST Year-End Checklist is a taxpayer's most crucial document! Taxpayers have various obligations to fulfill before…

2 years ago

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